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RattanIndia backed Revolt Motors opens its first Dealership store in Uttar Pradesh



Posted On : 2022-01-13 14:10:50( TIMEZONE : IST )

RattanIndia backed Revolt Motors opens its first Dealership store in Uttar Pradesh

RattanIndia backed Revolt Motors, India's next gen-mobility company announced the expansion of its retail presence in Uttar Pradesh. The company opens its first store in Lucknow, Uttar Pradesh region and it is the 20th dealership store across the country.

Last month Revolt Motors opened three retail stores in Kolkata, Madurai and Coimbatore. All the new stores will be set up by retail partners across the key cities and it has plans to open in 45-plus new stores in 2022.

The Uttar Pradesh government has also introduced policies to encourage faster adoption of EVs in the state. The state government offers 100% Vehicle registration fees and road tax exemption for 2- wheeler EVs.

The RV400 comes with a 3KW (Mid Drive) motor, powered by a 72V, 3.24KWh LithiumIon battery that can churn out a top speed of 85km/h. The bike can be operated through the MyRevolt App, which offers connectivity features such as bike locator/Geo fencing, customised sounds that you can change with just a tap on the screen, complete bike diagnostics, battery status, historical data on your rides and KMs done, and also the option of locating the nearest Revolt Switch Station to swap your Revolt's battery at, and be on-themove in less than 60 seconds.

RV400 features three riding modes - Eco, Normal and Sport - each suiting to the riding style and needs of the driver. Also, comes with Upside Down (USD) forks up-front and a fullyadjustable mono shock at the rear to give an unparalleled riding experience.

Shares of RattanIndia Enterprises Limited was last trading in BSE at Rs. 60.10 as compared to the previous close of Rs. 63.25. The total number of shares traded during the day was 2767783 in over 5653 trades.

The stock hit an intraday high of Rs. 65.85 and intraday low of 60.10. The net turnover during the day was Rs. 168863257.00.

Source : Equity Bulls

Keywords

RattanIndiaEnterprises INE834M01019 RTNINDIA RevoltMotors StoreOpening Lucknow UttarPradesh